The Market
Prime global rents lose momentum as emerging markets stall
Prime rents around the world are rising, on average, by 1.3% a year according to Knight Frank's latest spot check. That's significantly down from the rate of 3.5% recorded a year ago.
Dukelease unveils £150m Oxford Street scheme
A swanky new scheme has just been unveiled on the formerly-forgotten-about eastern section of Oxford Street.
The Blue Budget: Prime property’s wants, needs and expectations
There's a palpable sense of positivity in the high-value property industry about this week's "Blue Budget." Well, more so than usual for a Budget week.
Robert Kime-designed Wilton Crescent townhouse asks £32m
A rare instruction on one of London's most exclusive crescents has just hit the market, sporting a mighty £32m price tag.
Planning surge puts London’s new homes targets within touching distance
The number of new homes being approved by the capital's planners accelerated by 73% in the first three months of the year, with 11,870 new residential units across 1,553 separate sites entering the pipeline…
Huge rise in PCL tenancies as buyers turn to let
One of PCL's top lettings agencies has reported a massive 94% year on year increase in tenancies, seemingly driven by disappointed buyers giving up on the idea of finding their perfect pad.
RBKC moves to slash noisy construction working hours
RBKC has proposed reducing the hours contractors can carry out noisy works in the borough.
Thackeray offloads Fulham site for £16.2m
The Thackeray Estate has sold a rare development site in Parsons Green for £16.225m.
Prime Property of the Week: Tregunter Turnkey
Tregunter Road, Chelsea
£25m
The term "turnkey" is surely one of the most overused words in prime property lexicon.
The Rise of Rent: 250,000 new rental households created in London in the last year
247,000 new rental households appeared in London last year alone, says CBRE, as "the emerging build-to-rent market is beginning to bear fruit."
Economic woes bring Greek property buyers to London
A Mayfair-based buying agency has reported an influx of Greek clients looking to invest in the UK capital as economic clouds gather over the Eurozone.
‘Europe is surging ahead’ – Chinese portal assesses global housing markets
Chinese mega-portal Juwai has flagged Ireland as the world's strongest-performing housing market, with a +15.75% price increase in the last year.